Local Market Report July 2016
Conejo Valley Area At Rodeo Realty, we believe education is the key to helping clients make the best possible decisions about buying and selling homes. Our Local Market Reports provide comprehensive analyses of real estate trends in specific communities, versus quoting national, state, and/or county statistics. The fact is market conditions can vary greatly from neighborhood to neighborhood, and sometimes from one block to the next.
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Table of Contents Agoura
3
Agoura Hills
4
Camarillo
5
Moorpark
6
Newbury Park
7
Oak Park
8
Oxnard
9
Simi Valley
10
Thousand Oaks
11
Ventura
12
Westlake Village
13
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Agoura
July 2015
July 2016
%Change
Median Price $787,389
$938,672
19%
67
18%
$62,890,998
40%
$938,672
19%
172
-22%
57
-17%
3
-25%
$979,698
26%
Properties Sold
57
Sales Volume $44,881,186
Average Sale Price
$787,389
Properties For Sale 221
Average Days on Market
69
Months Supply of Inventory 4
Average List Price
$777,708
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Agoura Hills
July 2015
July 2016
%Change
Median Price $565,900
$623,750
10%
60
41%
$41,796,985
32%
$696,616
32%
168
-7%
46
-22%
4
0
Properties Sold
56
Sales Volume $29,600,186
Average Sale Price
$528,575
Properties For Sale 180
Average Days on Market
59
Months Supply of Inventory 4
Average List Price
$542,935
$722,697
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
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33%
Camarillo
July 2015
July 2016
%Change
Median Price $530,000
$538,000
2%
39
0%
$24,498,150
14%
$578,951
9%
123
9%
66
69%
3
0%
$634,642
13%
Properties Sold
39
Sales Volume $21,407,495
Average Sale Price
$529,842
Properties For Sale 113
Average Days on Market
39
Months Supply of Inventory 3
Average List Price
$560,410
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Moorpark
July 2015
July 2016
%Change
Median Price $586,000
$658,975
12%
44
-19%
$29,407,349
-8%
$668,349
13%
164
-8%
69
15%
4
33%
$758,410
-11%
Properties Sold
54
Sales Volume $31,841,500
Average Sale Price
$589,657
Properties For Sale 178
Average Days on Market
60
Months Supply of Inventory 3
Average List Price
$850,951
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Newbury Park
July 2015
July 2016
%Change
Median Price $605,000
$662,500
10%
36
-32%
$25,090,700
-36%
$696,964
-6%
124
-27%
79
52%
3.00
0%
$756,643
-7%
Properties Sold
53
Sales Volume $39,452,082
Average Sale Price
$744,379
Properties For Sale 169
Average Days on Market
52
Months Supply of Inventory 3
Average List Price
$811,448
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Oak Park
July 2015
July 2016
%Change
Median Price $369,000
$440,000
19%
38
-5%
$18,964,613
14%
$499,069
17%
128
13%
45
10%
4
0%
$446,484
29%
Properties Sold
40
Sales Volume $16,609,500
Average Sale Price
$425,885
Properties For Sale 113
Average Days on Market
41
Months Supply of Inventory 4
Average List Price
$347,172
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Oxnard
July 2015
July 2016
%Change
Median Price $417,000
$437,000
5%
Properties Sold
161
Sales Volume $79,910,566
Average Sale Price
$496,339
Properties For Sale 492
Average Days on Market
67
Months Supply of Inventory 3
Average List Price
$512,141
136
-16%
$69,293,882
-13%
$509,514
3%
488
-1%
69
3%
4
33%
$565,816
10%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Simi Valley
July 2015
July 2016
%Change
Median Price $501,000
$515,000
3%
Properties Sold
182
Sales Volume $98,885,466
Average Sale Price
$543,327
Properties For Sale 512
Average Days on Market
60
Months Supply of Inventory 3
Average List Price
$542,556
150
-18%
$84,173,858
-15%
$561,159
3%
469
-8%
64
7%
3
0%
$571,543
5%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Thousand Oaks
July 2015
July 2016
%Change
Median Price $656,675
$686,500
5%
104
-4%
$74,573,649
-4%
$717,054
0%
333
-9%
60
-23%
3
0%
$723,939
-3%
Properties Sold
108
Sales Volume $77,367,164
Average Sale Price
$716,363
Properties For Sale 367
Average Days on Market
78
Months Supply of Inventory 3
Average List Price
$748,566
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
Ventura
July 2015
Median Price $439,000
Properties Sold
5
Sales Volume $3,059,000
Average Sale Price
$611,800
Properties For Sale 30
Average Days on Market
95
Months Supply of Inventory 6
Average List Price
$1,140,211
July 2016 $1,112,500
153%
14
180%
$14,804,000
384%
$1,057,429
73%
34
13%
67
-29%
2
-67%
$1,364,769
20%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
%Change
Westlake Village
July 2015
July 2016
%Change
Median Price $815,000
$869,000
7%
Properties Sold
73
Sales Volume $86,122,600
Average Sale Price
$1,179,762
Properties For Sale 278
Average Days on Market
72
Months Supply of Inventory 4
Average List Price
$1,445,636
55
-25%
$54,407,625
-37%
$989,230
-16%
269
-3%
60
-17%
5.00
25%
$1,602,685
11%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
RODEO REALTY MARKETING DEPARTMENT